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re: NVDA's rise and continued strength is amazing

Posted on 2/10/24 at 10:29 am to
Posted by Double Oh
Louisiana
Member since Sep 2008
17968 posts
Posted on 2/10/24 at 10:29 am to
quote:

Do y'all think this is still a buy at 720 for a potential long term hold?





Yessssssssssssssssss

If i had more cash i would be buying more myself. Just make sure you put a stop/loss on it.
Posted by slackster
Houston
Member since Mar 2009
85136 posts
Posted on 2/10/24 at 1:40 pm to
quote:

If i had more cash i would be buying more myself. Just make sure you put a stop/loss on it.


Why would you put a stop loss on a long term hold.
Posted by KWL85
Member since Mar 2023
1193 posts
Posted on 2/11/24 at 9:32 am to
I agree on buying, even at this level. Stop/loss not necessary, especially for long term hold.

I have owned/watched it for something like 3 years. Don't recall any $100 drops. More like $20 drops, and each of those are short-lived. This stock chart reminds me of Qualcomm back in the day. It will eventually end, but it should have room to run.

Will it rise another 200% over the next couple of years? Maybe. Will it rise at least 10%? Most likely.
Will be go down from current levels? Very unlikely.
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